We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The problem is the rate of growth of the rate of growth - a bit like the acceleration rate of Covid cases.
Whilst 1-2% of Covid tests are positive here, 12%are there. So it’s likely lots of cases are being missed.
It’s looking likely that the latest variant is significantly more transmissible than Delta and the baseline R value will be increased again, even compared to delta. It interesting however that a single death has to yet be discovered.
In short, whilst their case rate is much lower, the rate at which they are catching our case rate up is rather worrying.
South African rates may of doubled but our daily infection rate is still 4 to 5 times higher .
Can't understand the markets reaction to avarient that seems to be less harmful than the others
The thing though is, its only a general rule that Viruses become less Severe with mutation. and unfortunately, covid has in fact tended to increase severity across mutation.
What bothers me is this. Africa is characterized by a population that has an average age of 65. Because its highly unlikely you will get to 80 with all the AIDS, Ebola, Malaria, Dysentery and the like floating around. The West is characterized by lots and lots of dead epidemiological dry tinder. Millions of frail, NHS over-kempt geriatrics that would pass away if a strong breeze hit them. Lethality is a combination of both transmissivity (which in turn defines how quickly geriatrics over run the ITU wards), and Severity (which defines both how likely you will become symptomatic and also how likely younger people will also get sick once they contract covid). A small increase in transmissivity, mindful of how frail some of these old b*ggers are, could result in a drastic increase in hospitalization and general national bedwettery. whilst the BBC video the only 33 year old with an oxygen tent on their head across the whole NHS, whilst omitting to mention they have a BMI similar to that of a London double Decker bus.
Not in any way aimed at Monkeys as he had given us continued solid analysis and full disclosure.
Really easy to spot the shorters now. They hop on the board and make two line posts with wide sweeping generalisations. They almost never stick around to discuss their posts in detail, instead preferring to just say things like :
NOT GOOD
IM OUT
SHAMBLES
DEAD IN THE WATER.
Or say a random number they pulled out of their a** just so long as it is ludicrously low.
The reason they dont stick around is because they many more forums on the list to get through.
If this mild that’s exactly what we want ... then it can get rid of the others
problem is Jtan, the media is the real virus and driving the travel industry into the gutter. Something is going to snap within time if they don't back off the negatives. Good news doesn't sell.
Dow down near 300 points...AA down 7 %
Travel stocks are going to get a sphincter stretching with this new SA news.
SunDunce, think of all the dips you can add! Malaka
South Africa Covid rate just doubled. In 24 hours. They are going to have a field day.
Was it a buy or sell...
AA is down 6.29% right now... so not looking good for tomorrow.
£13m unknown trade at 1700.
It would just not move down much if any in any manner in normal circumstances even if some selling, too big as it would be lined up all the way down. If a single order it could trade but again it would hold the price for a while or send the price the other way ie. up but this is very rare. That is not the way to trade, you would struggle to get filled, better to go to dark pool or mm or (work the order which is neither easy or straight forward)
I just trade and try not to have too much bias either way as It clouds judgement.
If starting out as a new investor, pull out an annual/multi-yr chart and study it and you get your picture of the stock. I am not here to argue ramp or de-ramp, just trade and news. Happy investing!
How long out of interest would a couple of mil be held on Bid for by the way?
I take it you need Level 2 to see this shenanigans?
Isn’t that action illegal? There was a chap at heathrow who got ninja at this. I think he was super high functioning aspergers. Ended up in a supermax, but then offered to help the SEC with manipulation investigations and was let out. Think he was fiddling with Forex.
Jet2 best of the IAG, EZJ ,J2 ugly sisters today. EZJ done better than them a few months back then bang - RI rns appeared.
and..... yup being marched down the hill again......
Jtan , from your charts you can the reason for my trade. Good luck if you are long.
Danphonic, L2 is can help but not always and be a very short timespan. If you are an investor ignore it and look at the big picture.
I am not in easyjet or hedged. As IAG is the weakest and highest beta,just. So more adverse to travel news, esp international news. Rya , Wizz are the 2 best run in the business and European in the main so if i were to hedge those would be ones to pick.
Easyjet tend to track IAG in the main, so save me having to concentrate, also importantly Rya is illiquid and IAG is the most liquid so I don't pay spread too much. I do watch L2 on them 3. For example US market is highs but US Airlines not doing much AAL +1.5% and off highs.
Got half out waiting for the drop.
Jtan, Travel stocks, mainly IAG, is being played like the banks during banking crises and brexit.
monkeys - Are you long or short on Easyjet ?
For transparency I am short from 150.14 and added again 135.94 but may close or reduce anytime depending on the market. I trade technically and use charts. I watch the market using a mixture of ftse/ dow futures, eye on AAL, Ezj and rya , trades and L2
There are over 20 MM’s that I am aware of who deal with IAG. Crest is the electronic holding system in lieu of paper certificates.
Smithys, Crest is just the system to hold stocks, nothing to do with trading, SETs are maintained by multiple marketmakers
Gap up from 128p this morning. So, that's where it will be heading, in due course.